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Global News
For the second time in two weeks, a general strike closed public services, halting all flights and most transport across the debt-plagued country.
HSBC said the theft of Swiss client data at the heart of a recent tax dispute with France was vastly larger than it had previously acknowledged, involving at least 24,000 clients.
BP is paying Devon Energy $7 billion for oil and gas assets in Brazil, the Gulf of Mexico and Azerbaijan.
The year-on-year rise in February was partly attributable to the Lunar New Year holiday but also to rising inflationary pressures in China’s economy.
The administration’s announcement comes as America’s trade deficit narrowed in January, largely because of a drop in spending on oil and cars and a decrease in exports like airplanes.
Global Markets
Global Markets Overview: Equities mark time as inflation data from China reawaken fears over monetary tightening
Crude oil prices maintained a hold above the $82 a barrel level while base metals dipped and the sugar market managed a partial rebound after a sharp fall earlier this week
UK stocks lost ground on Thursday as investors shrugged off pleasing earnings reports from the retail sector and instead sold off mining stocks
Getco, the Chicago-based market-making firm, on Wednesday became a shareholder in NYSE Liffe’s US futures exchange and received its first seat on the board of the futures industry’s main trade association
France’s Lagardère, the world’s largest publisher of consumer magazines, suffered the steepest falls on the FTSE Eurofirst index after disappointing investors with poor earnings for 2009 and a weak outlook for the year ahead